Debtor Education Courses Are Required for Bankruptcy

Congress passed a set of laws in 2005 called the Bankruptcy Reform Act. In this act certain obligations are required by the debtor in order to successfully complete a bankruptcy. One of these laws specify that each debtor filing for bankruptcy must take and pass a credit counseling course before and after he or she files. Even if a couple files jointly, both individuals must take the courses.

Information About The Credit Counseling Courses

These credit counseling courses are also known as debtor education courses. They must be taken from a recognized institution and filed with your petition. The courses each last around 90 minutes and can be taken over the phone or on the Internet.

The first course must be taken before we file your petition. The bankruptcy court will examine all the documents submitted with your petition and if your debtor education certificate is not attached your case could get dismissed. In addition, the Trustee (who represents your creditors) can keep any assets that have been surrendered.

After you’ve completed the course the next step is to attend your Meeting of Creditors. Once the meeting takes place you will be required to take the second and final course in the debtor education program.

Click here for a complete list of Government approved debt education courses.

Massachusetts Bankruptcy Attorney Gregory Oberhauser

In order for your bankruptcy in Massachusetts to go smoothly it is vitally important to follow all the procedures as outlined by your attorney and the court. Failure to do so can lead to a dismissal, which will prohibit you from filing your case for another 8 years as described by federal bankruptcy law.

It can be difficult to remember all the right documents, what to do, and where to be. Don’t run the risk of having your case dismissed for a simple oversight. Call the Attorney Oberhauser today to schedule a consultation to discuss your options. 978-452-1116